Wednesday, May 2, 2007

China CLSA Purchasing Manager Index Rises to Highest in Almost Two Years

(Bloomberg) -- China's manufacturing activity rose to the highest in almost two years as new orders from overseas and at home increase.

The Purchasing Managers' Index, a measure designed to give a snapshot of manufacturing activity, climbed to 53.3 from 52.3 in March, Hong Kong-based CLSA Asia Pacific Markets said today in an e-mailed statement. That is the highest since May 2005.


Read more at Bloomberg Emerging Markets News

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